MCA Inc.

Company Deal

sale of 400,000 shares of common stock

Transaction Type

Common Stock

Deal Description

MCA Inc. applied a portion of the net proceeds from this transaction to the reduction of its short-term bank indebtedness. The balance of the proceeds was added to the company's working capital. The short-term indebtedness was incurred to finance the acquisition of and additions to production facilities at Revue Studios, Universal City, California.